Filing Details

Accession Number:
0000895419-10-000032
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-14 13:00:00
Reporting Period:
2010-05-13
Filing Date:
2010-05-14
Accepted Time:
2010-05-14 16:27:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
895419 Cree Inc CREE Semiconductors & Related Devices (3674) 561572719
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1018926 W Dolph Arx Von 3663 Rum Row
Naples FL 34102
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-03-11 1,500 $0.00 484,435 No 4 G Direct
Common Stock Acquisiton 2010-05-13 24,000 $71.53 508,435 No 4 M Direct
Common Stock Disposition 2010-05-13 24,000 $77.18 484,435 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 G Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock NONQUALIFIED STOCK OPTION (RIGHT TO BUY) Disposition 2010-05-13 24,000 $0.00 24,000 $71.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2000-10-03 2010-07-03 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $77.00 to $77.35, inclusive. Mr. von Arx undertakes to provide to Cree, Inc., any security holder of Cree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Of the 484,435 shares reported, (1) 63,500 shares are held directly; (2) 390,935 shares are held indirectly in a revocable living trust for the benefit of Mr. von Arx; (3) 15,000 shares are held indirectly in a revocable living trust for the benefit of Mr. von Arx's spouse; and (4) 15,000 shares are held indirectly in a family trust. Mr. von Arx disclaims beneficial ownership of the 15,000 shares held by the family trust.
  3. Option vested as to 6,000 shares on each of October 3, 2000, January 3, 2001, April 3, 2001 and July 3, 2001.